PNC FINANCIAL SERVICES GROUP, INC.
For the period ended Jun 30, 2025. Filed Aug 1, 2025.
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Jun 30, 2025 · Filed Aug 1, 2025
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Contractual Maturity of Debt Securities
The following table presents, by remaining contractual maturity, the amortized cost, fair value and weighted-average yield of debt securities at June 30, 2025:
Table 42: Contractual Maturity of Debt Securities
| June 30, 2025Dollars in millions | 1 Year or Less | After 1 Yearthrough 5 Years | After 5 Yearsthrough 10 Years | After 10Years | Total |
|---|---|---|---|---|---|
| Securities Available-for-Sale | |||||
| U.S. Treasury and government agencies | $537 | $11,821 | $11,756 | $2,161 | $26,275 |
| Residential mortgage-backed | |||||
| Agency | 1 | 315 | 3,398 | 31,202 | 34,916 |
| Non-agency | — | — | 62 | 412 | 474 |
| Commercial mortgage-backed | |||||
| Agency | 50 | 1,444 | 111 | 1,378 | 2,983 |
| Non-agency | — | 79 | 77 | 351 | 507 |
| Asset-backed | — | 1,072 | 450 | 959 | 2,481 |
| Other | 464 | 1,308 | 199 | 151 | 2,122 |
| Total securities available-for-sale at amortized cost | $1,052 | $16,039 | $16,053 | $36,614 | $69,758 |
| Fair value | $1,044 | $15,998 | $15,872 | $34,222 | $67,136 |
| Weighted-average yield, GAAP basis (a) | 2.98% | 3.73% | 4.22% | 3.95% | 3.95% |
| Securities Held-to-Maturity | |||||
| U.S. Treasury and government agencies | $7,858 | $15,964 | $1,452 | $842 | $26,116 |
| Residential mortgage-backed | |||||
| Agency | — | 5 | 439 | 41,908 | 42,352 |
| Non-agency | — | — | — | 230 | 230 |
| Commercial mortgage-backed | |||||
| Agency | — | 273 | 443 | 218 | 934 |
| Non-agency | — | 36 | — | 539 | 575 |
| Asset-backed | 2 | 652 | 1,075 | 778 | 2,507 |
| Other | 327 | 716 | 264 | 1,191 | 2,498 |
| Total securities held-to-maturity at amortized cost | $8,187 | $17,646 | $3,673 | $45,706 | $75,212 |
| Fair value | $8,139 | $17,376 | $3,575 | $42,830 | $71,920 |
| Weighted-average yield, GAAP basis (a) | 1.41% | 1.76% | 2.72% | 3.08% | 2.57% |
(a)Weighted-average yields are based on amortized cost with effective yields weighted for the contractual maturity of each security. Actual maturities and yields may differ as certain securities may be prepaid.
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